A2Z TRANSPORT AS: årsregnskap 2023 vs 2022
Grew 108234% on revenue, weaker earnings
approved 2024-06-28; registry 2024-07-01; journal 2024 576790
Summary
What changed
Comparing Årsregnskap 2023 with 2022 for A2Z TRANSPORT AS. Revenue 1 304 NOK → 1.41m NOK (+108234.1%). Net result -4 553 NOK → -160.2k NOK. Equity 24.8k NOK → -135.3k NOK.
On the constructive side: revenue rose; cash rose. Pressures included: operating result weakened; net result weakened; equity eroded.
Also worth watching: thin equity buffer; payroll increased; book investments changed. All figures are taken from the published annual accounts for A2Z TRANSPORT AS.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 1 304 NOK to 1.41m NOK (+108234.1% YoY). Calculated
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↑
Cash rose
Bank deposits 4 304 NOK → 276.7k NOK (+6328.1% YoY). Calculated
What deteriorated
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↓
Operating result weakened
Operating result -4 266 NOK → -171.3k NOK (op. margin -327.1% → -12.1%). Calculated
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↓
Net result weakened
Net result -4 553 NOK → -160.2k NOK (net margin -349.2% → -11.3%). Calculated
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↓
Equity eroded
Book equity 24.8k NOK → -135.3k NOK (equity ratio 576.9% → -10.7%). Calculated
Things to notice
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·
Thin equity buffer
Equity ratio is -10.7% of assets — limited loss-absorbing capacity on a stand-alone basis. Interpretation
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·
Payroll increased
Salary cost 0 NOK → 2.80m NOK (0% → 198% of revenue). Calculated
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·
Book investments changed
Investment / intangible book value 0 NOK → 64.2k NOK. Reported fact